Experts predict major transformation in coffee industry in 2025
The value of coffee globally, is predicted to go up by up to 20% in 2025, fueled by ongoing climate change, increasing production costs, and a need to innovate the supply chain, according to three coffee industry experts – Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC; Khalid Al Mulla, CEO of ...
China's GDP grows 5% in 2024
BEIJING, 17th January, 2025 (WAM) -- Official data released on Friday showed that China's gross domestic product (GDP) grew by 5 percent year-on-year in 2024.The People's Daily Online reported that China's GDP thereby achieved the annual target of around 5 percent.
TRENDS study analyses Houthi threat to regional security
A research study by TRENDS Research & Advisory highlighted that the Houthi attacks on the UAE in 2022, which targeted civilian infrastructure, demonstrated the country's ability to handle terrorist threats with exceptional efficiency. The study, authored by Dr. Mohammed Abdullah Al-Ali, CEO of TREN...
SpaceX loses spacecraft after catching rocket booster
SpaceX launched its Starship rocket on its latest test flight Thursday, but the spacecraft was destroyed following a thrilling booster catch back at the pad.The company said Starship broke apart — what it called a “rapid unscheduled disassembly." The spacecraft's six engines appeared to shut down one...
EU allocates €1.8 billion for humanitarian aid in 2025
The European Union has announced an initial humanitarian budget of €1.87 billion for 2025.The European Commission clarified in a statement that the aid will be directed towards the world’s most urgent crises, particularly in the Middle East, such as Gaza and Syria, as well as in Ukraine, Africa, Latin...